Bitcoin confirmation

Understanding Bitcoin Confirmations When you send Bitcoins to someone, the transaction is sent to the Bitcoin network. The Bitcoin network then verifies and confirms the…

Understanding Transaction Fees: The Consequences of Deleting a Transaction After it’s Only Available on Your Local Machine

As a business owner, you may find yourself in a situation where you need to delete a transaction from your local machine after it has…

Failed to start Bitcoin daemon

Bitcoin.conf is the configuration file used to customize the functionality of a Bitcoin node. One of the most common errors encountered when attempting to start…

What wallet size difference to expect between Bitcoin Core (binary) and Electrum (json) wallet files?

When it comes to bitcoin wallets, there are many options available, each with its own unique features and functions. Two of the more popular wallets…

Preventing Stale Blocks: Best Practices for Deleting Data in Blockchain

Blockchain technology is based on the idea of a distributed ledger where transactions are recorded in a decentralized and immutable manner. However, as more data…

Troubleshooting a Taproot Descriptor Error with Single Key Script Path in P2Tr

Taproot is a proposed soft fork upgrade to the Bitcoin network that aims to improve privacy, security, and scalability. It introduces a new scripting language…

My issue is same as many others sent BTC but funds were not received

Bitcoin transactions are usually fast and reliable, but what happens when you send BTC and the funds do not arrive? This can be a frustrating…

Uncovering the Truth: Is the Blockchain Wallet App a Scam or Legit?

With so many scams and fraudulent activities in the cryptocurrency world, it’s no surprise that many users are skeptical of new apps and services. If…

Total Decentralization: The Future of Power Distribution

What is Total Decentralization? Total decentralization is a process in which power and decision-making are distributed among many nodes rather than centralized in one or…

Transaction fees for multiple outputs

As a cryptocurrency user, you may have noticed that the cost of sending transactions varies depending on several factors. One of these factors is the…